A survey by the manufacturing representative group Make UK reports some green shoots in the factory sector.
Some of the main findings:
- restocking and export orders picked up
- factories raised output at three times the pace of growth in orders in the final three months of 2023, fastest since late 2019
- share of firms seeing a rise in export orders rather than fall rose to a balance of +10% from -3%
- domestic orders stayed flat
Info via Reuters, more at the link.
